Posts By: xcite

4 Reasons to Not Leave Your 401K Behind

  I worked at that place for 7 years, they were always good to me and the 401K always did well for me, I’ll just leave it there… NO!!! Often times the on-going contributions we make to our 401K’s mask the actual performance of the portfolio. Most employer sponsored retirement…
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3 Easy Budgeting Ideas

  Let’s face it, no one enjoys budgeting. It usually arises out of necessity. Here are a few keys to remember to help build a successful budget: Take a snapshot of the last three months of spending. This will give you a realistic gauge of your spending habits on average….
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Ebb and Flow…

As I’ve watched the markets ebb more than flow over the last week the head winds that tend to look so mild during good times have started to mount.  Working against us are: A new fiscal cliff, Obamacare, the 2014 US Budget, “tapering” of the Federal Reserve Board’s 3 year…
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Syria, China, and Japan… What about the U.S.???

In a week that brought diplomatic resolutions to the situation in Syria and great economic data out of China and Japan, the U.S. markets rallied while it had very little economic reason to do so. Granted, much of the correction over the last several weeks had to do with Syria…
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The week that wasn’t…

Many things happened this week; the Federal Open Market Committee (FOMC) delayed tapering, existing home sales rose to a recovery high, we saw Gold, Equities, and bonds rise in tandem, and the market soared for the first half of the week, so why was this the week that wasn’t? While…
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“Dear Washington, Please learn from history!”

In August of 2011 Washington allowed the Debt Ceiling to rise, but under much duress. It was felt they didn’t increase it enough, they waited too long, and the deficit spending cuts resolved were too minor of a solution to the growing debt issue. Why discuss 2011? While so much…
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Poli-nomics… At least that’s how it feels!

Lately I have felt like a political commentator as opposed to discussing the market’s activities; however it is necessary given the impact both the government shutdown and the debt ceiling are having on the economy. The mere mention of a potential deal in Washington allowed the markets to record their…
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Total cost to the economy: $24,000,000,000.00

Sometimes it helps to see the zero’s that have been ripped out of our economy… The Government shutdown has come to an end, but it didn’t come without a cost.  Standard & Poor’s estimates the impact to be roughly $24 Billion or .6% reduction in 4th qtr GDP.  Original projections…
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Weak data / Strong market… Head scratcher?

Weaker than anticipated jobs data led to a rally in equities, bonds, and gold as many believe the weak data should delay the Federal Reserve’s tapering of their current bond buying program.  This allows stimulus to remain in place and the market is enjoying a short term gain as a…
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